Isle of Wight to benefit from new Palmer Johnson facilities
Wisconsin-based yacht builder Palmer Johnson has announced that it will be building a new production facility in East Cowes, which is expected to create 70 new jobs in the area.
The new facility will produce 36.6m (120ft) and over aluminium yachts and is the culmination of months of work by the IW Economic Partnership and the South East England Development Agency (SEEDA) to agree a way forward to build a production facility at Venture Quays.
Jonathan Williams, Chief Executive of Marine South East, commented: ‘this reflects the quality of facilities available in the South East, and it’s a real boost to the industry that we are able to attract high profile companies such as Palmer Johnson. It is sure to have a positive knock-on effect for marine suppliers in the area and will help to maintain the South East as one of the most important regions for the marine industry.’
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